29
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$798,000
$799,000 0.1%
Est. payment /mo
4 Beds
2 Baths
7,154 Sqft Lot
Sold on 06/10/2025
4041-43 National Ave San Diego, CA 92113
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Key Details
Sold Price $798,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Logan Heights
MLS Listing ID 250021764
Bedrooms 4
Full Baths 2
Year Built 1938
Lot Size 7,154 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Back on Market, Prime Investment Opportunity in Logan Heights – Development Potential Exceptional opportunity to own a charming duplex in the heart of Logan Heights with immediate rental income and high upside potential for development. Situated on a large, flat lot with room for additional units, this property offers great potential for rental income or building generational wealth. The duplex includes two 2-bedroom, 1-bath units (approx. 650 sq. ft. each). The front unit (4041) is currently leased at $2,420/month until December 2025, and the back unit (4043) is available for showing, offering an opportunity for new tenants or personal use. The property comes with a comprehensive architectural report outlining the potential to build up to 10 dwelling units + 2 ADUs. Additionally, the proposal includes an option to develop up to 15,960 sq. ft. with affordable housing units – maximizing both density and future revenue potential. This report will be provided to the new buyer at no cost. This is an ideal investment for both short-term rental income and long-term growth in one of San Diego's fastest-growing neighborhoods. Don't miss out on this rare opportunity! FYI: the loan FHA is assumable @5.75%. We got the Termite clearance, The Appraisal came above $800k
Location
State CA
County San Diego
Community Logan Heights
Area Logan Heights (92113)
Building/Complex Name LH
Zoning R-2:MINOR
Interior
Heating Electric
Cooling Central Forced Air
Exterior
Exterior Feature Stucco
Parking Features Unit1:Assigned Unit2:Assigned
Fence Partial
Roof Type Composition
Building
Story 1
Sewer Sewer Connected
Water Meter on Property
Others
Acceptable Financing Cash, Conventional, FHA, VA
Space Rent $2,420
Listing Terms Cash, Conventional, FHA, VA
Listed by Hani S. Abdelmalek • San Diego Zad, Inc.
Bought with Jesse Ibanez • The Greenhouse Group Inc
Bought with Jesse Ibanez • The Greenhouse Group Inc